Overview
What is Lucas Area Community Theater Inc?
Lucas Area Community Theater Inc is a nonprofit organization situated in Lucas, Kansas, as indicated by its mailing address. Its primary mission is to foster and encourage dramatic arts and entertainment within the city of Lucas and its surrounding communities. The theater accomplishes this by showcasing cinematic productions, live performances, and exhibitions. The organization's primary financial expenditure is reportedly for movie production rentals. However, other expenses are incurred, including shipping and freight costs for rentals, advertising events, and general operating expenses. The Lucas Area Community Theater Inc aims to provide recreational and educational development to the Lucas area communities and families, operate an active and thriving organization, and generate economic growth. Additionally, it serves as a means of advertising and exhibiting local arts.
Official website here: www.lucastheater.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Lucas Area Community Theater Inc has received a 76% rating from Charity Navigator, resulting in a Three-Star designation. This rating is primarily based on its performance in accountability and finance, reflecting a commitment to transparency and responsible financial management, with notable strengths in having a majority of independent board members and a strong program expense ratio.
The organization scored perfectly for having an independent board size and a low liabilities to assets ratio, indicating solid financial health. However, it lacks several important governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are essential for robust organizational governance.
While the theater's financial management appears sound, the absence of certain governance practices suggests areas for improvement. These shortcomings may affect potential donors' perceptions and trust, emphasizing the need for the organization to develop and implement these missing policies to enhance overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Lucas Area Community Theater Inc legitimate?
Lucas Area Community Theater Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lucas Area Community Theater Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.lucastheater.org
What is the mission statement of Lucas Area Community Theater Inc?
The Lucas Area Community Theater Inc, through its mission, aims to foster recreational and educational growth within communities and families. It operates as a thriving organization, providing an avenue for advertising and showcasing local arts. The theater promotes and facilitates dramatic arts and entertainment, primarily through cinematic productions and live performances, to engage and entertain its audience. Additional expenses are incurred for event advertising, shipping of rentals, and general operating costs.
Official website here: www.lucastheater.org
Who is the CEO of Lucas Area Community Theater Inc?
Leslie K Schneider is the President of Lucas Area Community Theater Inc.
Official website here: www.lucastheater.org
What is the revenue of Lucas Area Community Theater Inc?
Lucas Area Community Theater Inc's revenue in 2022 was $31,774.
Official website here: www.lucastheater.org
Who are the executives of Lucas Area Community Theater Inc and what are their salaries?
There 50 volunteers at Lucas Area Community Theater Inc.
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Official website here: www.lucastheater.org
Where can I find the form 990 for Lucas Area Community Theater Inc?
Lucas Area Community Theater Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lucastheater.org
Learn more at the official website: www.lucastheater.org
Mission Statement of Lucas Area Community Theater Inc
Lucas Area Community Theater Inc, as a nonprofit organization, is committed to promoting and fostering dramatic arts and entertainment in the local communities. Their primary mission is to provide recreational and educational development to families, while also operating an active and thriving organization that generates economic growth. They achieve this by showcasing cinematic productions, hosting live performances, and organizing exhibitions. The organization's primary expenditure is on movie production rentals, but additional costs are incurred for the shipment and freight of rentals, advertising events, and general operating costs. In essence, Lucas Area Community Theater Inc serves as a platform for the local arts, offering a means of advertising and exhibiting the talents of the city and surrounding communities.
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Impact
August, 2024
The Lucas Area Community Theater Inc, through THE LUCAS AREA COMMUNITY THEATER, promotes and facilitates dramatic arts and entertainment to the Lucas area families by showcasing cinematic productions, live performances, and exhibitions. This organization plays a vital role in providing recreational and educational development to the Lucas area communities and families. Additionally, by operating an active and thriving organization, they generate economic benefits for the local area. The theater also offers a platform for advertising and exhibiting local arts, thereby contributing to the cultural enrichment of the community.
This information is meant to be a general summary of Lucas Area Community Theater Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10
- Program Service Revenue: $14,490
- Gross Receipts: $41,746
Assets and Liabilities:
- Total Assets: $54,801
- Total Liabilities: $6,304
- Net Assets: $48,497
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$11,884
ADVERTISING SALES
Revenue
$2,606
Organization Details
Founding Year
1999
Phone
(785) 525-7747Principal Officer
Leslie K Schneider
Main Address
PO BOX 1, LUCAS, KS, 67648
Website
www.lucastheater.orgNTEE Category
Code: A65 - Arts
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